Funding you earn now, next payment 07:00 UTC+0.0481%/8h= +52.7% APRnext payment +$0.60 per $10,000 · paid last 24h +0.020%
Price spread now: Deribit against Aevo+0.042%7-day average −0.015% · you sell dearer than you buy
Net, funding: paid 7d − costs−$194as in the Funding arb table
Net, price: spread back to 7d avg − costs−$173as in the Price arb table
costs, in and out, $10k−$1781.785% of the position
Funding, last 7 days−0.155%−$15 on $10k
+Price spread, last 4 days (all we have)−0.003%$0 · spread now +0.042%, 7d avg −0.015%
=Both sides work for this trade now. Funding pays +$14 a day on $10k at the current rate, and Deribit is 0.057% dearer against Aevo than usual: you sell high and buy low: +$6 more if the spread goes back to its 7-day average of −0.015%. Mind the row above: over the last 7 days funding on this pair cost −0.155%, so the current rate has only just turned in your favour.
The current funding rate is far above what this pair has been paying: over the last 7 days it paid -0.155% in total (about -8.1% a year). A funding rate is set anew for every payment; at this rate the next one is about +$0.60 per $10,000. In the chart: green and red are payments made, yellow is the current rate, not paid yet.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Aevo TAO-PERP | 317.11 | 0.0128 | pay 0.0016% / 1h | 0m 31s | $174K | $998 | 3x |
| Short | Deribit TAO_USDC-PERPETUAL | 317.25 | 0.0609 | get 0.0076% / 1h | 0m 31s | $15K | $2.0M | 25x |
Aevo TAO-PERP
Deribit TAO_USDC-PERPETUALFunding history
latest
Range statsloading…
Price spread between the two exchanges
Deribit against Aevo. Falling: the short leg gains. Rising: it loses.latest
Price spreadloading…
Funding on every exchange
click an exchange to add or hide itlatest
How often the price spread is this wide · share of time at each level, last 7D show
Profit calculator
- Funding earned
- $101.01
- Price spread: +0.042% → −0.015%
- $5.66
- Slippage, 4 orders
- −$155.5
- Fee Aevo: 8 bp × 2 orders
- −$16
- Fee Deribit: 3.5 bp × 2 orders
- −$7
- Net
- −$71.83
- Costs to cover
- 1.785%
- Break-even
- 12.0 days
Slippage from Aevo: live order book, 43 min ago; Deribit: live order book, 4 min ago.
Cost to enter
taker fee + slippage from the mid, one side; closing costs about the same again| Leg | Half-spread | $10k | $100k | $1M | $5M |
|---|---|---|---|---|---|
| Buy Aevo live order book, 43 min ago | 56.19 bp | 79.8 bp −$80 | 423.7 bp −$4,237 | doesn't fit | doesn't fit |
| Sell Deribit live order book, 4 min ago | 6.14 bp | 10.3 bp −$10 | 17.0 bp −$170 | doesn't fit | doesn't fit |
TAO on 43 venues
lowest funding first. Swap a leg: a good short leg pays more funding and is priced higher.| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| dYdX TAO-USD | 0.0000% | 1h | 317.01 | −0.033% | $126K | $85K | 5x | as long as short |
| gTrade (Gains Network) TAO/USD | L +0.0004% / S −0.0005% | 1h | 316.79 | −0.101% | $22K | — | 150x | as long as short |
| Popdex TAOUSDT | +0.0096% | 1h | 317.57 | +0.144% | $43K | $706K | 20x | as long as short |
| OKX TAO-USDT-SWAP | +0.0100% | 8h | 317.50 | +0.122% | $26.6M | $129.7M | 50x | as long as short |
| Bulk TAO-USD | +0.0100% | 1h | 317.85 | +0.232% | $169K | $333 | 10x | as long as short |
| Gate TAO_USDT | +0.0100% | 4h | 317.40 | +0.090% | $14.3M | $52.5M | 50x | as long as short |
| KuCoin TAOUSDTM | +0.0100% | 4h | 317.54 | +0.135% | $17.8M | $32.4M | 75x | as long as short |
| Bitget TAOUSDT | +0.0100% | 4h | 317.36 | +0.078% | $35.7M | $58.0M | 50x | as long as short |
| ApeX Omni TAOUSDT | +0.0100% | 1h | 319.23 | +0.667% | $46K | $260K | 50x | as long as short |
| Polymarket Perps TAO-USD | +0.0100% | 1h | 317.54 | +0.135% | $84K | $1.2M | 5x | as long as short |
dYdX TAO-USD
gTrade (Gains Network) TAO/USD
Popdex TAOUSDT
OKX TAO-USDT-SWAP
Bulk TAO-USD
Gate TAO_USDT
KuCoin TAOUSDTM
Bitget TAOUSDT
ApeX Omni TAOUSDT
Polymarket Perps TAO-USDShow all 43 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| SunX TAO-USDT | +0.0100% | 4h | 316.89 | −0.070% | $2K | $2.0M | 20x | as long as short |
| HTX TAO-USDT | +0.0100% | 4h | 316.85 | −0.083% | $115K | $602K | 20x | as long as short |
| Katana Perps TAO-USD | +0.0108% | 8h | 317.51 | +0.125% | $983 | $1.1M | 5x | as long as short |
| GMX TAO/USD [WBTC.b-USDC] | L +0.0112% / S +0.0155% | 1h | 316.80 | −0.100% | $424K | — | 100x | as long as short |
| Aevo TAO-PERPlong | +0.0128% | 1h | 317.11 | long leg | $174K | $998 | 3x | |
| Orderly PERP_TAO_USDC | +0.0133% | 4h | 317.20 | +0.027% | $53K | $293K | 10x | as long as short |
| Binance TAOUSDT | +0.0169% | 4h | 317.58 | +0.147% | $92.2M | $528.8M | 75x | as long as short |
| MEXC TAO_USDT | +0.0170% | 4h | 317.68 | +0.179% | $107.2M | $152.0M | 300x | as long as short |
| edgeX TAOUSDC | +0.0185% | 4h | 317.44 | +0.104% | $42K | $319K | 10x | as long as short |
| Paradex TAO-USD-PERP | +0.0231% | 8h | 317.87 | +0.237% | $14K | $1K | 10x | as long as short |
| Bybit TAOUSDT | +0.0253% | 4h | 317.67 | +0.175% | $69.6M | $156.1M | 50x | as long as short |
| BingX TAO-USDT | +0.0256% | 4h | 317.66 | +0.172% | — | $36.7M | — | as long as short |
| Bullet TAO-USD | +0.0297% | 1h | 317.70 | +0.185% | $12K | $17K | 20x | as long as short |
| Aster TAOUSDT | +0.0329% | 4h | 317.40 | +0.089% | $1.3M | $11.0M | 50x | as long as short |
| Extended TAO-USD | +0.0336% | 1h | 317.54 | +0.135% | $904K | $2.4M | 25x | as long as short |
| GRVT TAO_USDT_Perp | +0.0336% | 4h | 316.65 | −0.148% | $540K | $926K | 10x | as long as short |
| BloFin TAO-USDT | +0.0412% | 4h | 317.47 | +0.112% | $4.7M | $11.0M | 100x | as long as short |
| Variational Omni TAO | +0.0502% | 4h | 317.43 | +0.100% | $5.6M | $10.2M | — | as long as short |
| Nado TAO-PERP | +0.0509% | 1h | 317.67 | +0.176% | $787K | $2.0M | 10x | as long as short |
| Pacifica TAO | +0.0525% | 1h | 317.42 | +0.097% | $360K | $429K | 10x | as long as short |
| Phoenix TAO | +0.0567% | 1h | 317.40 | +0.090% | $316K | $709K | 5x | as long as short |
| Lighter TAO | +0.0568% | 1h | 317.48 | +0.116% | $1.6M | $6.9M | 5x | as long as short |
| Hyperliquid TAO | +0.0582% | 1h | 317.81 | +0.220% | $94.0M | $110.1M | 5x | as long as short |
| 01 Exchange TAOUSD | +0.0608% | 1h | 317.91 | +0.251% | $3K | $4K | 5x | as long as short |
| Deribit TAO_USDC-PERPETUALshort | +0.0609% | 1h | 317.25 | +0.042% | $15K | $2.0M | 25x | |
| Arcus TAO-USD | +0.0641% | 1h | 317.93 | +0.257% | $102K | $389K | 5x | as long as short |
| Phemex TAOUSDT | +0.0645% | 4h | 317.52 | +0.128% | $3.2M | $8.2M | 50x | as long as short |
| Backpack TAO_USDC_PERP | +0.0666% | 1h | 317.46 | +0.109% | $296K | $905K | 10x | as long as short |
| Reya TAORUSDPERP | +0.0698% | 1h | 317.07 | −0.015% | $365 | — | 20x | as long as short |
| Coinbase International TAO-PERP-INTX | +0.0944% | 1h | 317.68 | +0.179% | $1.5M | $6.8M | 50x | as long as short |
| RISEx TAO/USDC | +0.1077% | 1h | 317.60 | +0.153% | $438K | $677K | 5x | as long as short |
| Kraken Futures PF_TAOUSD | +0.1162% | 1h | 317.56 | +0.142% | $5.9M | $21.7M | 50x | as long as short |
| Injective TAO/USDC PERP | +0.4723% | 1h | 323.52 | +2.020% | $24K | $2K | 12x | as long as short |
SunX TAO-USDT
HTX TAO-USDT
Katana Perps TAO-USD
GMX TAO/USD [WBTC.b-USDC]
Orderly PERP_TAO_USDC
Binance TAOUSDT
MEXC TAO_USDT
edgeX TAOUSDC
Paradex TAO-USD-PERP
Bybit TAOUSDT
BingX TAO-USDT
Bullet TAO-USD
Aster TAOUSDT
Extended TAO-USD
GRVT TAO_USDT_Perp
BloFin TAO-USDT
Variational Omni TAO
Nado TAO-PERP
Pacifica TAO
Phoenix TAO
Lighter TAO
Hyperliquid TAO
01 Exchange TAOUSD
Arcus TAO-USD
Phemex TAOUSDT
Backpack TAO_USDC_PERP
Reya TAORUSDPERP
Coinbase International TAO-PERP-INTX
RISEx TAO/USDC
Kraken Futures PF_TAOUSD
Injective TAO/USDC PERP